February 26, 2020 @ 2:21 pm By Samantha Hurst  |  

George Washington University announced on Tuesday it has teamed up with accelerator Trilogy Education to launch a new fintech training program in Washington D.C. According to George Washington U, the GW FinTech Boot Camp is the latest in a series of professional tech boot camps… Read More

February 26, 2020 @ 2:08 pm By Samantha Hurst  |  

Hedera Hashgraph, an enterprise-grade public distributed ledger technology (DLT)-based platform, announced on Wednesday an integration with the Nano S and Nano X wallets from Ledger. Hedera reported that its Ledger Nano S and Nano X wallet implementations will allow users to view and validate public keys… Read More

February 26, 2020 @ 11:52 am By Samantha Hurst  |  

DadeSystem, a U.S.-based fintech that provides integrated receivable solutions, announced on Wednesday it secured an additional investment from Wells Fargo Strategic Capital, a subsidiary of Wells Fargo & Company, through its Series D funding round. Founded in 2011, DadeSystem claims to be a leading provider… Read More

February 26, 2020 @ 10:48 am By Samantha Hurst  |  

Ripple, a provider of enterprise blockchain solutions for payments, announced on Wednesday it has formed a new partnership with European digital money transfer service, Azimo. According to Ripple, Azimo has launched with Ripple’s On-Demand Liquidity (ODL) service as part of its remittance capabilities in The… Read More

February 26, 2020 @ 10:16 am By Samantha Hurst  |  

Pagaya, an artificial intelligence (AI) powered investment manager, announced on Wednesday it has closed its sixth capital markets transaction for a $200 million asset-backed security (ABS), which was led by structuring agent Cantor Fitzgerald. The transaction brings Pagaya’s total assets under management (AUM) to $1.5 billion…. Read More

February 26, 2020 @ 8:00 am By Samantha Hurst  |  

Checkout.com, a global payment solutions provider based in the UK, announced on Wednesday it has completed its first acquisition. The company acquired french payment startup, ProcessOut. The acquisition follows Checkout.com’s $230 million Series A funding round, which values the company at nearly $2 billion. Checkout.com… Read More

February 26, 2020 @ 7:44 am By Samantha Hurst  |  

Digital Risks, a UK-based insurtech startup, announced on Wednesday it secured $10.4 million through its Series A funding round, which was led by DHL Holdings. Founded in 2015, Digital Risks claims to be a “new force” in the insurance industry by offering a flexible and… Read More

February 25, 2020 @ 3:45 pm By Samantha Hurst  |  

Bold Penguin, a U.S.-based commercial insurtech firm, recently announced it has added commercial auto insurance to its insurance platform. According to Bold Penguin, the new capability will allow business use auto insurance to be quoted with other insurance coverage in a bundle. Speaking about the… Read More

February 25, 2020 @ 3:22 pm By Samantha Hurst  |  

Wombat Invest, a UK-based investment app, has successfully secured its initial £250,000 equity crowdfunding target on funding portal, Seedrs. The company is currently offering 9.07% in equity through the funding round, at a £2.5 million pre-money valuation. The latest crowdfunding campaign comes less than two… Read More

February 25, 2020 @ 2:47 pm By Samantha Hurst  |  

Blackboard Insurance, a NY-based insurtech platform, recently announced it has received the approval for its commercial insurance package in Virginia. According to Blackboard, the approval will bring capabilities to middle-market customers in 47 states and territories. Speaking about the approval, Seraina Macia, CEO of Blackboard,… Read More

February 25, 2020 @ 1:45 pm By Samantha Hurst  |  

Collective Benefits, a UK-based insurance platform for self-employed workers, has secured a total of 3.3 million through its seed funding round. Founded in 2019, Collective Benefits gives freelancers “the safety net” they deserve. “There are now 6 million self-employed workers in the UK and we… Read More

February 25, 2020 @ 1:30 pm By Samantha Hurst  |  

Lendified, a Canadian online lending platform, is cross-listing a securities offering on crowdfunding platform FrontFundr and DealSquare.  Peter-Paul Van Hoeken, founder and CEO of Silver Maple Ventures, labeled the offering a “ground-breaking development for the private markets.” DealSquare is a new platform created by NEO… Read More

February 25, 2020 @ 11:11 am By Samantha Hurst  |  

Just days after Mitsubishi UFJ Financial Group Inc. (MUFJ) was reportedly set to invest more than $700 million in Grab, the Southeast Asian ride-hailing giant announced it secured more than $800 million from Japanese investors, which includes MUFJ and also  TIS Inc. As previously reported,… Read More

February 25, 2020 @ 9:49 am By Samantha Hurst  |  

Envestnet | Yodlee (NYSE: ENV), a data aggregation and analytics platform for digital financial services provider, announced on Tuesday it has acquired FinBit.io, a financial data aggregation and analytics platform provider for the India and Asia market. Founded in 2017,  FinBit.io describes itself as a data analytics… Read More

February 25, 2020 @ 7:56 am By Samantha Hurst  |  

Hong Kong-based cryptocurrency platform Crypto.com announced on Tuesday the launch of its new onboarding platform for merchants to sign up for the Crypto.com Pay Checkout service. Crypto.com reported that through the Crypto.com Pay Checkout, online merchants may offer their customers the option to pay with… Read More

February 24, 2020 @ 10:03 pm By Samantha Hurst  |  

Australian neobanking group Volt announced on Monday its new partnership global retailer, the Cotton On Group, introduce team members and customers to the Volt experience. Volt claims this is the first partnership of this type between a neobank and major retailer in Australia. Volt also… Read More

February 24, 2020 @ 9:47 pm By Samantha Hurst  |  

ClickSWITCH, a U.S. fintech that claims it simplifies and automates the switch of direct deposits and recurring payments for financial institutions’ new and existing account holders, announced on Monday it will be delivering its switching technology to clients of Finastra’s core banking solutions, which are… Read More

February 24, 2020 @ 2:44 pm By Samantha Hurst  |  

Santander Group announced on Monday it has entered into an agreement to acquire merchant payment solutions company Elavon México. Santander reported that it will be acquiring Elavon México for a total of 1,600 million (approximately USD 86 million and EUR 79 million) and Elavon México… Read More

February 24, 2020 @ 2:20 pm By Samantha Hurst  |  

U.S. fintech and digital lending platform QCash Financial announced on Monday it has signed its newest client, Tropical Financial Credit Union (TFCU) with $700 million in assets. TFCU has reportedly turned to QCash to help launch a small dollar, personal lending program for their more… Read More

February 24, 2020 @ 1:08 pm By Samantha Hurst  |  

Glantus a global provider of financial automation and data intelligence solutions, announced on Monday it has acquired JPD Financial, a Vendor Credit Recovery services provider. According to Glantus, the acquisition will bring new levels of automation and AI to credit recovery and financial processing offered… Read More